Glenorchy Capital Ltd Has $5.52 Million Position in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

Glenorchy Capital Ltd increased its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) by 100.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 462,366 shares of the company's stock after acquiring an additional 232,055 shares during the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima makes up approximately 3.2% of Glenorchy Capital Ltd's holdings, making the stock its 8th biggest holding. Glenorchy Capital Ltd owned approximately 0.40% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $5,521,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LOMA. GAMMA Investing LLC boosted its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% in the 4th quarter. GAMMA Investing LLC now owns 4,455 shares of the company's stock valued at $53,000 after purchasing an additional 2,488 shares during the last quarter. SG Americas Securities LLC acquired a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at $109,000. Systrade AG purchased a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter valued at about $143,000. BNP Paribas Financial Markets increased its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 57.5% during the fourth quarter. BNP Paribas Financial Markets now owns 19,807 shares of the company's stock worth $236,000 after acquiring an additional 7,232 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter worth about $270,000. 19.32% of the stock is owned by hedge funds and other institutional investors.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Up 1.4%

Shares of LOMA stock traded up $0.17 on Tuesday, hitting $12.12. The stock had a trading volume of 21,732 shares, compared to its average volume of 498,120. The stock's 50 day moving average is $10.81 and its 200-day moving average is $11.24. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 20.46 and a beta of 1.14. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 52-week low of $5.70 and a 52-week high of $13.79. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.29.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.05. The company had revenue of $135.42 billion during the quarter, compared to analysts' expectations of $151 billion. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 9.42% and a return on equity of 8.60%. As a group, research analysts expect that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 1.25 earnings per share for the current year.

Analysts Set New Price Targets

LOMA has been the subject of a number of research analyst reports. Itau BBA Securities raised shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "market perform" rating to an "outperform" rating and set a $14.20 target price for the company in a research report on Monday. Bank of America raised shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $11.50 to $14.00 in a research report on Wednesday, April 23rd.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.